Even though the bullish sentiment in the wider cryptocurrency sphere has started to slow down, many assets are not yet losing steam, including Solana (SOL), which has continued to trade green on its daily chart, and machine learning and artificial intelligence (AI) algorithms predict more advances.
Specifically, Solana might continue to grow its price during March, perhaps reaching the level at $149.18 by March 31, 2024, according to the most recent forecast by the advanced machine learning algorithm over at the crypto analytics platform PricePredictions retrieved on March 7.
Solana 1-month price forecast. Source: PricePredictions
Indeed, should the algorithm based on indicators such as moving average convergence divergence (MACD), average true range (ATR), Bollinger Bands (BB), relative strength index (RSI), and others prove correct, it would mean an increase of 6.98% for the fifth-largest crypto asset by market capitalization.
Solana price analysis
Currently, Solana is c
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